Ongoing Dem Debacle Thread: Commander will kill us all

[Louis Gossett Jr]

It’s an American mentality thing, you have the idea of personal responsibility and bootstraps that’s perpetuated by a lot of people. You also have the idea of fairness in society despite the fact we live in a very unjust and unfair society already.

 

[Kory]

It blows my mind that this is controversial for some. Government and banks adjust loans and forgive debt all the time. Why are student loans so sacred?

Read Graeber's history on Debt.

 

[rawarr]

Manchin was always going to do this. The admin wasted an awful lot of time compromising themselves to get shown up on Fox News by this dude after 6 months.

Dems are going to get smoked in '22 and beyond. The centrists will continue to browbeat progressives about how they can't win by actually having a platform and will watch with glee as the "middle" and Republicans run out the clock by pretending to come to the table -- only to accomplish nothing and commence the rat fucking once they are back in power.

Let the circle be unbroken.

 

[DeacsPop]

I don’t understand why the thought of taxpayers be against forgiving student loans “blows your mind”.

Simple; it is not fair and equitable to the thousands of others who either worked off their loans or who’s parents paid off their debt. It is far from writing off bad loans or businesses writing off debt. You are talking about $1.73 trillion dollars.
But it is very Progressive. Let’s just write a check and make it go away.

You borrowed it, you own it. Take responsibility for it. And that from a guy who’s youngest owes over $400k.

 

[rawarr]

Good luck with that. Expect more bitching on message boards and social media instead.

like clockwork, here to own the libs

congrats on your big win today buddy, looks like everything is going to plan

 

[Kory]

I don’t understand why the thought of taxpayers be against forgiving student loans “blows your mind”.

Simple; it is not fair and equitable to the thousands of others who either worked off their loans or who’s parents paid off their debt. It is far from writing off bad loans or businesses writing off debt. You are talking about $1.73 trillion dollars.
But it is very Progressive. Let’s just write a check and make it go away.

You borrowed it, you own it. Take responsibility for it. And that from a guy who’s youngest owes over $400k.

As Townie pointed out, you could make this criticism of any social spending issue.

"It's not fair and equitable to the [millions] of others who pay for their meals/can afford their healthcare/saved for retirement."

 

[Kory]

But it is very Progressive. Let’s just write a check and make it go away.

I'd argue that this isn't what progressive about combatting student debt - it's viewing secondary education as not just a private good.

 

[DeacsPop]

As Townie pointed out, you could make this criticism of any social spending issue.

"It's not fair and equitable to the [millions] of others who pay for their meals/can afford their healthcare/saved for retirement."

Don’t agree; helping individuals afford substance and maintaining their health is far different than supporting able individuals pay off their education debt.

 

[Kory]

Far different? Owing and paying back $400k doesn't affect someone's ability to afford things like shelter/food/water/gas/healthcare/transportation etc. etc.?

 

[Kory]

Does your son really owe $400k? That seems especially steep.

 

[Kory]

food for thought:

 

[PhDeac]

Pop, why do you want people like your son paying for government loans instead of cars, homes, having and raising a child, etc? Student loan forgiveness would be a boon across many industries.

 

[ChrisL68]

like clockwork, here to own the libs

congrats on your big win today buddy, looks like everything is going to plan

I am here to own myself? Its sad how much more astute pollitically the far right mouth breathers are than the far left. They grumble about RINOs but they direct all of their real venom towards the Dems, and they know that their brothers in arms on the far left will help them set that narrative as they wait for the socialist revolution that will never come.

 

[Biff Tannen]

You know what would really juice there economy ? Forgive all home mortgage debt because housing is a right !

Also wipe out all credit card debt with the stroke of a pen. Everyone will be solvent and never get into unmanageable debt again !

 

[sailordeac]

Yes, and free ink and paper to print all the money. Lubes of America unite!

(And as an added bonus, colleges and universities will be encouraged to raise their tuition and fees even more, so they can hire additional useless counterproductive administrators.)

 

[MHBDemon]

I am here to own myself? Its sad how much more astute pollitically the far right mouth breathers are than the far left. They grumble about RINOs but they direct all of their real venom towards the Dems, and they know that their brothers in arms on the far left will help them set that narrative as they wait for the socialist revolution that will never come.

Lol

 

[ImTheCaptain]

I don’t understand why the thought of taxpayers be against forgiving student loans “blows your mind”.

Simple; it is not fair and equitable to the thousands of others who either worked off their loans or who’s parents paid off their debt. It is far from writing off bad loans or businesses writing off debt. You are talking about $1.73 trillion dollars.
But it is very Progressive. Let’s just write a check and make it go away.

You borrowed it, you own it. Take responsibility for it. And that from a guy who’s youngest owes over $400k.

there are all sorts of thing in the federal budget that don't benefit me personally, except in a macro sense. like medicare and medicaid. so fuck off about fairness

 

[Rafi]

As Townie pointed out, you could make this criticism of any social spending issue.

"It's not fair and equitable to the [millions] of others who pay for their meals/can afford their healthcare/saved for retirement."

Townie is basically right. For example, I paid for my children's childcare, so one could ask if it is fair for others to get it covered.

I think the reason I struggle more with this issue is because college graduates are, in general, in a pretty good place compared to non-graduates. I realize that is not universal, and some with debt never graduate (or they graduate for for-profit colleges). But I find it much easier to get behind supporting children, families, those with medical issues, etc.

I read a little more about this issue. It's interesting that student loan programs used to make money for the government, but now with rising debt and defaults it is a program that loses money. Even so, it would still be very expensive to erase all the current student loans, and there are other programs I would prioritize.

I still haven't found how this would work going forward. If all loans are forgiven, through any of the proposed programs, then what? We just start the loan program up again? The government gets out of the student loan program and we trust private banks?

 

[Biff Tannen]

Townie is basically right. For example, I paid for my children's childcare, so one could ask if it is fair for others to get it covered.

I think the reason I struggle more with this issue is because college graduates are, in general, in a pretty good place compared to non-graduates. I realize that is not universal, and some with debt never graduate (or they graduate for for-profit colleges). But I find it much easier to get behind supporting children, families, those with medical issues, etc.

I read a little more about this issue. It's interesting that student loan programs used to make money for the government, but now with rising debt and defaults it is a program that loses money. Even so, it would still be very expensive to erase all the current student loans, and there are other programs I would prioritize.

I still haven't found how this would work going forward. If all loans are forgiven, through any of the proposed programs, then what? We just start the loan program up again? The government gets out of the student loan program and we trust private banks?

I'm pretty sure all the prospective college students will learn their lessons and go to colleges they can afford instead of taking out big loans that will take decades to repay.

 

[WFFaithful]

Townie is basically right. For example, I paid for my children's childcare, so one could ask if it is fair for others to get it covered.

I think the reason I struggle more with this issue is because college graduates are, in general, in a pretty good place compared to non-graduates. I realize that is not universal, and some with debt never graduate (or they graduate for for-profit colleges). But I find it much easier to get behind supporting children, families, those with medical issues, etc.

I read a little more about this issue. It's interesting that student loan programs used to make money for the government, but now with rising debt and defaults it is a program that loses money. Even so, it would still be very expensive to erase all the current student loans, and there are other programs I would prioritize.

I still haven't found how this would work going forward. If all loans are forgiven, through any of the proposed programs, then what? We just start the loan program up again? The government gets out of the student loan program and we trust private banks?

One of the problems is that people were sold a narrative of college graduates being better off. The people bought the narrative and accumulated large sums of debt.
The economy has left a lot of those graduates struggling since 2008.